Legal Opinion

Opinion No.

Arkansas Attorney General Reports

Decided May 22, 1990Published

1Opinion of the Court

The Honorable Julia Hughes Jones Auditor of State 230 State Capitol Little Rock, AR 72201

Dear Ms. Jones:

This is in response to your request for an opinion on several questions involving the unclaimed property laws, codified as A.C.A. 18-28-201 et seq. You have asked, first, whether the Auditor of State is required to accept a power of attorney and deal directly with a finder. You have also asked whether Section18-28-220 in effect renders unenforceable as against public policy a contract whereby a finder has charged a fee of over 10% of the total amount of a claim.

In response to your first…

2Cases cited4 opinions

  1. Twin City Pipe Line Co. v. Harding Glass Co.Supreme Court of the United States · 1931
  2. Sirman v. Sloss Realty Co., Inc.Supreme Court of Arkansas · 1939
  3. Bene v. New York Life Insurance Co.Supreme Court of Arkansas · 1935
  4. Harding Glass Co. v. Twin City Pipe Line Co.Court of Appeals for the Eighth Circuit · 1930

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